Friday, 6 February 2009

Weird, the Republicans have suddenly got religion when it comes to fiscal responsibility. I wish they'd had some during the Bush years, then this huge stimulus package wouldn't be compounded on top of trillions of dollars of debt. It's like watching someone who has been popping tylenol for years on end just for the hell of it, then suddenly when he gets a migraine, starting to worry about taking two. First, the profligate use of the tylenol earlier might undermine its effectiveness now and because, well, what a stupid time to not take pain relief medication.

Really, I wonder what's going on with these people. We're now hearing that the New Deal didn't really work, not just raising it as an interesting academic question but asserting it as if it's consensus among economists and we're hearing that what the economy really needs is tax cuts? Tax cuts, as if anyone with half a brain would spend any tax savings now.

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